TACC Ltd, a wholly owned subsidiary of HEG Advanced Materials, received approval for a ₹609 crore incentive under the Electronics Component Manufacturing Scheme, administered by the Ministry of Electronics and Information Technology (MeitY). The incentive will support TACC’s upcoming Synthetic Graphite Anode Material manufacturing project at Sirsoda Industrial Area in Dewas, Madhya Pradesh.
Manufacturing Capacity and Project Timeline
Spread across 100 acres, the Dewas facility aims to achieve a committed scaled production capacity of more than 30,000 tonnes per annum (MTPA) by FY29. As part of the phased development, TACC plans to commission the first phase, with a capacity of 20,000 MTPA, by June 2027.
Strengthening India’s Battery Materials Ecosystem
The project represents a significant step towards strengthening India’s domestic manufacturing capabilities in synthetic graphite anode materials, a critical component used in lithium-ion batteries. As reported by thehindubusinessline.com, the government incentive is expected to support the development of the domestic battery materials supply chain and reduce dependence on imports.
